LB Group Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	8,390	9,127	8,399	7,007	8,726	6,287
Cash & Short-Term Investments	8,390	9,127	8,399	7,007	8,726	6,287
Cash Growth	-3.85%	8.67%	19.87%	-19.70%	38.80%	22.61%
Accounts Receivable	6,432	5,164	5,088	4,506	3,094	3,087
Other Receivables	98.03	125.88	162.56	158.19	486.9	234.83
Receivables	6,530	5,290	5,570	4,920	3,586	3,622
Inventory	6,361	7,143	7,737	7,328	6,547	4,516
Prepaid Expenses	-	-	41.47	76.53	-	6.35
Other Current Assets	1,096	1,156	1,090	787.12	1,251	1,346
Total Current Assets	22,377	22,716	22,838	20,119	20,110	15,777
Property, Plant & Equipment	27,339	27,579	28,705	28,295	23,968	16,569
Long-Term Investments	465.76	470.37	898.65	892.41	340.54	2,317
Goodwill	5,963	5,963	6,023	6,112	6,120	6,120
Other Intangible Assets	6,072	6,155	6,531	6,734	7,042	2,770
Long-Term Accounts Receivable	-	-	2.18	58.55	83.99	42.83
Long-Term Deferred Tax Assets	377.64	367.73	337.92	463.33	427.38	401.45
Long-Term Deferred Charges	130.44	137.49	114.14	136.54	92.25	39.32
Other Long-Term Assets	1,163	1,036	750.95	1,006	1,005	1,291
Total Assets	63,889	64,425	66,201	63,817	59,189	45,331
Accounts Payable	8,997	9,714	12,211	10,279	15,030	10,087
Accrued Expenses	596.29	443.56	536.22	616	2,173	2,836
Short-Term Debt	5,287	6,773	9,368	8,198	5,617	4,624
Current Portion of Long-Term Debt	-	4,260	3,760	2,939	1,846	1,365
Current Portion of Leases	-	-	1.72	3.92	7.33	8.01
Current Income Taxes Payable	-	267.43	101.32	198.42	159.61	195.42
Current Unearned Revenue	523.4	323.91	557.43	303.79	328.12	210.66
Other Current Liabilities	6,261	986.55	3,358	4,075	1,017	616.81
Total Current Liabilities	21,664	22,768	29,895	26,614	26,178	19,943
Long-Term Debt	13,400	12,812	9,213	10,757	8,405	3,799
Long-Term Leases	4.23	8.04	7.8	3.32	11.2	18.16
Long-Term Unearned Revenue	369.19	349.44	227.58	223.63	212.39	250.9
Long-Term Deferred Tax Liabilities	865.84	870.97	940.04	1,076	971.36	346.61
Other Long-Term Liabilities	248.8	263.29	125.79	117.94	143.45	184.75
Total Liabilities	36,552	37,072	40,409	38,793	35,922	24,542
Common Stock	2,384	2,384	2,384	2,385	2,390	2,381
Additional Paid-In Capital	14,487	14,487	14,413	14,413	14,542	14,084
Retained Earnings	6,292	6,100	6,283	6,245	5,168	4,616
Treasury Stock	-433.61	-225.46	-199.98	-681.94	-1,413	-2,219
Comprehensive Income & Other	115.66	134.68	123.84	121.32	131.01	54.79
Total Common Equity	22,845	22,881	23,004	22,482	20,818	18,918
Minority Interest	4,492	4,471	2,788	2,543	2,449	1,871
Shareholders' Equity	27,337	27,352	25,792	25,025	23,267	20,789
Total Liabilities & Equity	63,889	64,425	66,201	63,817	59,189	45,331
Total Debt	18,691	23,853	22,351	21,902	15,887	9,814
Net Cash (Debt)	-10,301	-14,726	-13,952	-14,895	-7,160	-3,527
Net Cash Per Share	-4.32	-6.15	-5.85	-6.23	-3.01	-1.58
Filing Date Shares Outstanding	2,338	2,498	2,374	2,212	2,427	2,359
Total Common Shares Outstanding	2,338	2,498	2,374	2,212	2,427	2,359
Working Capital	713.42	-52.5	-7,057	-6,495	-6,068	-4,165
Book Value Per Share	9.77	9.16	9.69	10.16	8.58	8.02
Tangible Book Value	10,809	10,763	10,450	9,636	7,656	10,027
Tangible Book Value Per Share	4.62	4.31	4.40	4.36	3.15	4.25
Buildings	-	-	14,155	13,217	10,222	6,716
Machinery	-	-	25,471	22,501	18,155	12,278
Construction In Progress	-	-	3,594	4,764	5,796	5,436

Source: S&P Global Market Intelligence. Standard template. Financial Sources.